7. Other Current Assets

3 Months Ended

Mar. 31, 2014

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

7. Other Current Assets

As of March 31, 2014 and December 31, 2013, other current assets included the following:

	March 31,		December 31,
	2014		2013
Deferred financing costs	$	82,550	$	44,986
Prepaid expenses		127		0
Other receivable		0		51,250
Security deposits		59,878		9,878
	$	142,555	$	106,114

The Company recognized $106,341 and $9,903 of amortization expense related to the deferred financing costs during the three months ended March 31, 2014 and 2013, respectively.